Deduce Partners with Authsignal to Prevent Fraud and Enable Frictionless Customer Experiences
Risk and Fraud Technology Leader Announces Global Partnership with Fraud Automation Platform
Deduce, a leading provider of identity intelligence to combat account opening fraud and reduce operational costs of new account opening, announced a strategic partnership with fraud operations platform, Authsignal. This partnership will enable Authsignal to leverage the industry-leading Deduce Identity Network to strengthen its fraud and authentication offering. The joint collaboration will enhance the quality and trustworthiness of a secure customer authentication journey delivered through the Authsignal platform.
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“All customer journeys start with identity. At a time when synthetic fraud is more prevalent than ever, companies are struggling to securely acquire new customers without negatively impacting the customer experience. Online merchants want to securely authorize more transactions without preventing purchases with false positive risk signals. Authsignal understands this pain point, and we’re aligned on our mission of reducing identity fraud while enabling legitimate customers to proceed quickly,” said Ari Jacoby, founder, and CEO of Deduce. “The Deduce Identity Network sees a broad range of frequently updated activities across multiple devices, allowing us to quickly separate fraud from legitimate users, even with new account opening customers. This allows for a frictionless, streamlined experience for trusted visitors and the stringent fraud prevention measures companies need to decrease loss. We are excited to provide this level of protection to the Authsignal offering.”
Dedicated to democratizing risk and fraud technologies, Deduce reduces new account and synthetic identity fraud via the constantly growing Deduce Identity Network—the most extensive real-time identity graph across cyber risk and fraud in the U.S. today with over 550M profiles and over 1.5B daily activities collected from a consortium of over 150,000 websites and applications. This identity intelligence allows corporations to mitigate risk by utilizing Deduce’s sophisticated, live and historical behavioral intelligence at scale, which is proven to reduce identity fraud and provide a frictionless transaction experience for their customers.
“We’re excited to partner with Deduce to deliver stronger protections and enhanced value for our customers at Authsignal,” said Justin Soong, CEO at Authsignal. “Partnering with Deduce was a natural decision as their identity network enables our respective businesses to continue to deliver industry-leading fraud mitigation and protection solutions at a global scale. Customer experience shouldn’t come at a sacrifice to managing risk, and we’re excited to roll out these features to our customers.”
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